GBPUSD and EURUSD running step for step higher

Both the EURUSD and the GBPUSD are breaking and moving step for step to the upside: The EURUSD extended the narrow trading range from earlier in the day AFTER failing to break below the low for 2022 at 1.0805 (the low reached 1.0808). The price has now moved up and above the 100 hour MA. Traders will want to see that MA remain broken. The range is up to 71 pips after being near 37 pips at the start of the day (see earlier post HERE). The spring was tight and the break higher caused the spring to unwind. EURUSD moves above the 100 hour MA For the GBPUSD, it moved back above its 100 hour MA at 1.30285 (see post here) and has not extended above the higher 200 hour MA at 1.30635. Back on April 5, the price moved above that MA and failed. Stay above and the buyers remain in control in the short term. Earlier today, the price fell to the lowest level since November 2020. GBPUSD moved above 100/200 hour MAs